MDI Novare announced today that seasoned tech executive Maulik Parekh has been appointed as its new President and CEO. Following last year’s investment in the company by private equity firms Advantage Partners and Navegar, Parekh will lead the particular top digitalization company in the Philippines as it establishes its presence globally.
Parekh formerly served as TOP DOG of the premier PH-based customer experience and technology solutions companies—SPi Global and Inspiro plus led them both through global expansion, strategic acquisitions, and industry-leading growth. He also authored the best-selling book, Futureproof Your Career and Company: Flourish in an Era of AI, Electronic Natives, and the Gig Economy.
“For the final 34 years, MDI Novare has championed digital transformation and high innovation in the Philippines and, in the process, created significant value for clients in both the public and private sectors. As we continue towards our goal of becoming the National Champion in Technology, we’re delighted to welcome Maulik as our own next CEO. He brings with him a proven track record of growing companies, as well because access to the particular country’s biggest C-Suites, ” said Myla Villanueva, Founder of MDI Novare.
“We invested in MDI Novare because of its enormous potential to become a leading global player, in addition to the strong competitive position in its home market, ” said Emmett Thomas, Senior Partner & Head of Asia at Advantage Partners. “With Maulik’s corporate knowledge, leader commercial encounter, and success in executing M& A transactions, we are confident he’s the right TOP DOG for the next exciting stage of the company’s journey. ”
Nori Poblador, Managing Companion at Navegar, mentioned, “We’ve always been a firm believer in MDI Novare’s vision to turn out to be a globally-recognized, Filipino champion in technologies. As it further innovates its solutions and gears up for rapid growth, we’re thrilled in order to partner with a good exceptional executive like Maulik and support him within internationalizing the company. ”
“I’m honored to build on the impressive foundation that Myla–with her technopreneurial prowess plus visionary leadership, has created, “ said Parekh. “In this period associated with consumer behavioral shift and technological advancement, there is tremendous opportunity to help companies transform digitally and offer remarkable customer experiences. I’m convinced that will MDI Novare has all the magic ingredients to make that happen: an existing roster of great clients, a worldwide group of business partners to support growth, the best investment partners, an experienced leadership team, and most importantly, the best technology talent the particular Philippines has to offer. ”
Image credits: MDI Novare